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Europe's stock markets closed modestly lower Thursday, despite hefty interest rate cuts across the continent. Wall Street fell amid further grim corporate and economic news ahead of Friday's crucial U.S. jobs report for November.
Throwing a lifeline to Europe's rapidly sinking economy, the European Central Bank today announced the deepest interest rate cut in its 10-year history, a clear sign that it has made rescuing the economy its top priority. The...
NEW YORK -- Wall Street showed relative signs of stability Thursday as investors calmly took in a flurry of downbeat economic and corporate data and largely held on to the gains they've made for more than a week.
The Associated Press Thursday, December 4, 2008; 4:50 PM NEW YORK -- A period of relative calm on Wall Street ended Thursday as stocks tumbled in the final hour of trading on growing investor anxiety about the government's...
MANILA, Philippines (AP) - Inflation in the Philippines slowed for the third straight month in November as prices of commodities, utilities and services declined, the government said Friday. The inflation rate rose 9.9 percent...
Federal Reserve Chairman Ben Bernanke pleaded Thursday for more government action to relieve the foreclosure crisis and break a vicious cycle in which the housing meltdown is plunging the United States deeper into recession.
TORONTO - The Toronto stock market maintained a solid advance late Thursday morning in a broad-based upturn led by the financial sector as investors took in earnings reports from three of the big Cana...
Wall Street retreats on weak economic readings and auto bailout hearing. Stocks tumbled Thursday as a rash of job cuts at major companies added to jitters ahead of the November jobs report. He said that with the uncertainty...
